Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

RenaissanceRe likely to incur $625 million in catastrophe losses

Reprints

Kevin O'Donnell, chief executive officer of Bermuda-based RenaissanceRe Holdings Ltd., said that the reinsurer expects to incur catastrophe losses of $625 million for the third quarter related to three hurricanes and an earthquake, The Royal Gazette reported. RenaissanceRe is likely to incur a loss of $225 million related to hurricane Harvey, $175 million for hurricane Irma and a combined loss of $225 million for hurricane Maria and the Mexico City earthquake.

Read more.